The Hubbell Inc (HUBB) share price is expected to decrease by 3.45% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered HUBB. Price targets range from $402 at the low end to $500 at the high end. The current analyst consensus for HUBB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assigned HUBB 2 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Hubbell Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HUBB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HUBB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Chad Dillard Bernstein | Outperform | $535 | Initiates | Nov 5, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $455 | Maintains | Oct 30, 2024 |
Chris Snyder Morgan Stanley | Equal-Weight | $445 | Maintains | Oct 30, 2024 |
Julian Mitchell Barclays | Equal-Weight | $402 | Maintains | Oct 30, 2024 |
Brett Linzey Mizuho | Outperform | $490 | Maintains | Oct 17, 2024 |
Stephen Tusa JP Morgan | Neutral | $454 | Downgrade | Oct 10, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $445 | Maintains | Oct 7, 2024 |
Julian Mitchell Barclays | Equal-Weight | $400 | Maintains | Oct 2, 2024 |
Chris Snyder Morgan Stanley | Equal-Weight | $407 | Initiates | Sep 6, 2024 |
Nicole Deblase Deutsche Bank | Buy | $441 | Upgrade | Sep 6, 2024 |
Tommy Moll Stephens & Co. | Overweight | $450 | Reiterates | Aug 2, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $400 | Maintains | Jul 31, 2024 |
Stephen Tusa JP Morgan | Overweight | $385 | Maintains | Jul 31, 2024 |
Julian Mitchell Barclays | Equal-Weight | $368 | Maintains | Jul 31, 2024 |
Julian Mitchell Barclays | Equal-Weight | $384 | Maintains | May 2, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $397 | Maintains | May 1, 2024 |
Julian Mitchell Barclays | Equal-Weight | $400 | Maintains | Apr 2, 2024 |
Brett Linzey Mizuho | Buy | $450 | Maintains | Mar 20, 2024 |
Nicole Deblase Deutsche Bank | Hold | $427 | Initiates | Mar 11, 2024 |
Joseph O'Dea Wells Fargo | Equal-Weight | $360 | Maintains | Jan 31, 2024 |
When did it IPO
2015
Staff Count
18,300
Country
United States
Sector/Industry
Industrials/Electrical Equipment & Parts
CEO
Mr. Gerben W. Bakker
Market Cap
$25.34B
In 2023, HUBB generated $5.37B in revenue, which was a increase of 8.59% from the previous year. This can be seen as a signal that HUBB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Hubbell (HUBB) reported Q3 earnings of $4.49 per share, surpassing the Zacks Consensus Estimate of $4.47 and up from $3.95 per share last year.
Why It Matters - Hubbell's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued investor confidence and stock appreciation.
Summary - Hubbell Incorporated (NYSE:HUBB) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - The Q3 2024 earnings call indicates upcoming financial results for Hubbell Incorporated, which could influence stock performance and investor sentiment based on revenue and guidance updates.
Summary - Hubbell reported Q3 2024 diluted EPS of $4.05, adjusted EPS of $4.49 (up 14% y/y), and net sales up 5%. They raised 2024 adjusted EPS outlook to $16.35-$16.55.
Why It Matters - Hubbell's strong Q3 results and raised EPS outlook indicate robust financial health and growth potential, signaling a positive trajectory that may attract investor interest.
Summary - Hubbell (HUBB) reported its quarterly performance for September 2024, suggesting a comparison of key metrics against Wall Street estimates and last year's figures may be beneficial for investors.
Why It Matters - Hubbell's quarterly performance relative to Wall Street estimates and previous year metrics indicates financial health and growth potential, influencing investor sentiment and stock valuation.
Summary - Hubbell Incorporated (NYSE:HUBB) announced an 8% dividend increase, raising the annual payment to $5.28 per share. The new rate will be effective for payments on December 16, 2024.
Why It Matters - An 8% dividend increase signals strong financial health and commitment to returning value to shareholders, potentially boosting investor confidence and stock demand.
Summary - Hubbell (HUBB) is set to report its quarterly performance for September 2024, with analysts focusing on key financial metrics beyond just top and bottom-line estimates.
Why It Matters - Hubbell's performance relative to analyst estimates on key metrics can indicate financial health and growth potential, influencing stock price and investor confidence.